According to Chinese Customs statistics, in July this year, China’s major stainless steel enterprises exported 127,000 tons of stainless steel. In January-July, China’s major stainless steel enterprises exported 892,000 tons.
The forecast from Baoshan Iron & Steel, or Baosteel, comes at a time when China, the world’s top producer of the alloy, is stepping up efforts to slash a huge overcapacity that has boosted cheap exports amid slowing demand at home.
The domestic steel product orders in Japan recorded marginal decline during the first half of the current year. Meantime, government trade data suggests that steel exports by the country climbed higher during July, the latest month for which data is available.
[www.ferro-alloys.com]After few years of gridlock over land allocation, protest by locals and mining issues, Tata Steel has finally withdrew from its plan to set up a 5.5 million tonne per annum (MTPA) green field integrated steel plant in tribal Bastar region...
[www.ferro-alloys.com] Bokaro Steel Plant (BSL) welcomed the panel of judges of Prime Minister's (PM's) Trophy on Saturday. The panel was here to adjudge the best integrated steel plant in the country and BSL left no stone unturned to prove a strong contender....
[www.ferro-alloys.com] When South Africa was emerging from apartheid in 1993, Professor Vivian Alberts and his students were busy developing traditional silicon photovoltaic solar systems in his lab at the University of Johannesburg. Expensive silicon is the c...
[Ferro-Alloys.com]China's ferrochrome prices remained stable, waiting for the new tender prices from stainless steel mills. The new tender prices are expected to remain unchanged due to the mixed market circumstances when the imported ferrochrome surged and th...